Environment

Malaysia's Solar ATAP Scheme Cuts Electricity Costs

Malaysia's Solar ATAP scheme helps consumers reduce electricity bills by installing rooftop solar panels, with over 1,000 MW approved.

Malaysia's Solar ATAP Scheme Cuts Electricity Costs

Image: thestar.com.my

PETALING JAYA: The Solar Accelerated Transition Action Programme (ATAP) is enabling Malaysian consumers to mitigate rising electricity costs through rooftop solar installations. The scheme, managed by the Sustainable Energy Development Authority (SEDA), allows users to generate their own power and sell excess energy back to the grid via the Net Energy Metering (NEM) mechanism.

As of the latest available data, SEDA reported that over 1,000 megawatts (MW) of solar capacity had been approved under the NEM program since its inception, with significant uptake from commercial and industrial users. The program is part of a broader national effort to increase renewable energy capacity and reduce dependency on fossil fuels.

Industry analysts note that while upfront installation costs remain a barrier for some, the long-term savings on electricity bills and protection against future tariff hikes are key drivers for adoption. The government's target is for renewable energy to constitute 31% of the national power capacity by 2025 and 40% by 2035.

The initiative represents a practical step for consumers seeking energy independence and cost control, aligning with global trends toward decentralized solar power.

πŸ“° Source:
thestar.com.my β†’
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